Be cautious of all of the hype round Bidenomics

The BDN Opinion part operates independently and doesn’t set newsroom insurance policies or contribute to reporting or enhancing articles elsewhere within the newspaper or on

Matthew Gagnon of Yarmouth is the chief government officer of the Maine Coverage Institute, a free market coverage suppose tank based mostly in Portland. A Hampden native, he beforehand served as a senior strategist for the Republican Governors Affiliation in Washington, D.C.

President Joe Biden has had a current behavior of congratulating himself on the financial system and finances administration.

On the financial system, he has cherry picked the very best financial information he can discover, such because the persistently low unemployment fee in his tenure, and triumphantly sung his personal praises. In one thing paying homage to a child giving himself a nickname and insisting that each one his pals use it, Biden himself has designated all one of the best information he can discover “Bidenomics,” and hailed it as a consequence of his good monetary administration.